GASPRO International Journal of Eminent Scholars

ABSTRACT

The study sought to investigate the prevalence of insecurity and survival of entrepreneurial business in Imo State, Nigeria. A correlational research design was adopted for the study and the study area was Imo State in Nigeria. The population of the study comprised all business entrepreneurs in Imo State and a stratified sampling technique was used to select 200 business entrepreneurs which constituted the respondents used for the study. The instrument titled “Insecurity and Survival of Entrepreneurial Businesses Questionnaire (ISEBQ)” was used for data collection. Face and content validation of the instrument was carried out by an expert to ensure that the instrument recorded accuracy while Cronbach Alpha technique was used to determine the level of the reliability of the instrument. Interestingly, the reliability coefficient obtained was 0.86 which was high enough to justify the use of the instrument. The researcher subjected the data generated for this study to appropriate statistical techniques such as descriptive statistics and simple regression. The study revealed that there is very high extent of insecurity in Imo State. It also revealed various mitigation strategies to entrepreneurial businesses against the insecurity effect in Imo State, including application of CCTV in shops and offices. Finally, the study revealed that there is significant influence of insecurity on entrepreneurial business in Imo State, Nigeria. One of the recommendations made was that awareness needs to be created to the business people in Imo State on the need to have CCTV installed in their business premises as is done in major super markets in order to curtail the issues of insecurity.